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TopBuild Corporation BLD Intersegment Elimination And Material Reconciling Items — Operating Income

Discontinued — last reported Q2 '16

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Other financials

Income statement

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Revenue$1.4B+17.2%
Gross profit$400.3M+13.9%
Operating income$175.0M-1.4%
Net income$104.8M-15.1%
EPS (diluted)$3.73-11.8%

Balance sheet

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Cash & equivalents$268.8M-12.9%
Total debt$3.1B+99.6%
Total equity$2.4B+13.6%
Total assets$6.7B+46.0%

Cash flow

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Operating cash flow$160.7M+5.3%
CapEx$14.0M+4.5%
Free cash flow$146.7M+5.4%

Valuation

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Market cap$12B+10.9%
Enterprise value$14.86B+25.3%
P/E23.9×+5.6×
P/S2.1×+0.1×

Profitability

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Gross margin28.8%-1.3pp
Operating margin14%-2.0pp
Net margin9%-2.3pp
FCF margin12.5%-0.5pp

Returns & leverage

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Return on equity22.3%-2.3pp
Debt / equity1.3×+0.6×
Current ratio0.0×

Where this comes from

Reported directly by TopBuild Corporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: TopBuild Corporation’s 10-Q, filed August 4, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does intersegment elimination and material reconciling items — operating income mean?
The net adjustment to operating profit required to remove internal transactions and reconcile segment data to consolidated results.
How do you interpret intersegment elimination and material reconciling items — operating income?
An increase in the loss (more negative) suggests higher corporate overhead or increased intercompany friction, while a decrease in the loss (less negative) may indicate improved cost allocation or reduced corporate-level expenses.
How does intersegment elimination and material reconciling items — operating income compare across companies?
Most public companies report similar reconciling items in their segment footnotes, often labeled as Corporate and Other or Intersegment Eliminations.